Course Summary

Our Principles of Management course is a quick and inexpensive way to earn transferable college credits in business. Expert instructors guide you through each lesson in accessible video format, making your study experience fun and engaging.

Course Format

Business 101 consists of short video lessons that are organized into topical chapters. Each video is approximately 5-10 minutes in length and comes with a quick quiz to help you measure your learning. At the end of each chapter, you can complete a chapter test to see if you're ready to move on or have some material to review. Once you've completed the entire course, take the practice test to see if you're ready to earn credit. Use the study tools in the course to prepare for your final exam.

The course is completely self-paced. Watch lessons on your schedule whenever and wherever you want. When you're ready, take the final exam.

Course Outcomes

Upon completion of the course, you will be able to:

Compare and contrast the levels, roles, and functions of management

Distinguish between modern theories of management, including quality management and systems management theory

Break down quantitative management and the roles of branches such as operations management

Illustrate the types of planning and its function in management

Model different types of organizations, including centralized and decentralized organizations

Examine leadership and its role in organizations and the difference between a manager and a leader

Analyze the role of motivation in the workplace and how managers affect motivation

Illustrate the communication process and the role of organizational communication

Analyze the decision making process and describe tools used to make informed decisions

Relate the managerial functions in international organizations and characteristics of an international manager

Grading Policy

Your grade for this course will be calculated out of 150 points. The minimum score required to pass and earn real ACE college credit for this course is 105 points, or an overall course grade of 70%. The table below shows the assignments you must complete and how they'll be incorporated into the overall grade.

Assignment

Possible Points

Quizzes

50

Proctored Final Exam

100

Total

150

Quizzes are meant to test your comprehension of each lesson as you progress through the course. You must complete the required quizzes with a score of 80% or higher to earn points toward your final grade and access the proctored final exam. Chapter exams are for self-assessment and do not count toward your final grade.

The proctored final exam is a cumulative test designed to ensure that you've mastered the material in the course. You'll earn one point for every percentage point you receive on the proctored final. (So if you score an 85% on the final, that's 85 points toward your final grade.)

Complete Business 101 by watching videos, taking short quizzes and completing practice exams.

Contact our expert instructors if you ever have questions.

Take the credit-granting Business 101 exam on our site.

Transfer credit to your school!

Prerequisites

There are no prerequisites for this course.

Course Topics

Category

Objectives

Management Basics

Look at the levels of management. Examine Henry Mintzberg's roles of management and explore the four functions of management.

Classical School of Management Theory

Dig into the classical management theory and how it developed. Study the work of Max Weber, Fredrick Taylor, Henry Gantt, and Frank and Lillian Gilbreth.

Behavioral School of Management Theory

Learn about several behavior theories of management, including the neoclassical theory, behavioral management theory and the needs theory. Examine the Hawthorne studies on productivity, and look at Douglas McGregor's ideas on self-fulfilling management prophecies.

Contemporary and Future School of Management Theory

Explore current thought regarding managements, such as the quantitative approach and the contingency approach. Get information on systems management theory.

Organizational Change

Define types of internal organization change and steps in the planned change process. Discuss and compare various types of change models.

Organizing in Business Management

Understand the differences between organic and mechanistic organizational business structures. Identify work specializations and examine authority in organizations through concepts including delegation and span of control.

Work Teams

Learn about types of work teams and stages of group development. Explore group think and causes of conflict within a team.

Leading in Organizations

Get information on the role of leaders in an organization, with lessons on various types of leadership styles and types of power.

Leadership Theory

Find out about theories and models of leadership styles and when they can be effective.

Motivation in the Workplace

Learn about needs-based and behavior-based theories of motivation. Go over several theories of employee motivation and ways to empower employees to increase performance.

Communication in the Workplace

Discuss the importance of good workplace communication, and look at various types of communication used by managers. Learn about conflict management, including mediation and arbitration.

Controlling in Organizations

Find out about financial and budget controls in organizations.

Human Resources

Delve into the role of the human resources manager in an organization, with a look at hiring, new employee orientation, training programs, performance appraisals, compensation and employee termination. Learn about legal issues in human resources.

Strategic Management and Managerial Decision Making

Explore the four steps of the strategic management planning process and the four functions of management. Get information on what impacts decision making and learn what a PERT analysis is and how to use it.

Production and Quality Assurance

Learn how managers influence productivity, quality and profitability. See what the five principles of Total Quality Management are and how to use them.

International Management and Contemporary Issues

Find out about how the role of management differs when working in global commerce, with a careful look at ethics, economics, politics and social responsibility.

What to Expect For the Exam

The American Council on Education (ACE) has evaluated this Study.com course and recommended it for college credit. Once
you've completed this course, you can take the proctored final exam and potentially earn credit. Follow the steps below to take the
exam.

Exam Steps

1

Create Account

2

Register For Exam

3

Take The Exam

4

Get Your Results

Pre-Exam Checklist

Before taking the exam, all of the following requirements must be met:

Exam Process Details

1. Register For Exam

Registering for the exam is simple. First, be sure you meet the system requirements. Next, you'll need to agree to the
academic
integrity policy. Then just confirm your name and the exam name, and you're ready to go!

2. Download Software Secure

You'll receive an unique access code. Please write this down — you'll need it to take the exam. Then download
Software Secure and
follow
the installation instructions.

3. Take Exam

The exam contains 50 - 100 multiple choice questions. You will have two hours to complete the exam, so don't start until
you're
sure you
can complete the entire thing. And remember to pace yourself!

4. Get Exam Results

We will send you an email with your official exam results within 1 to 2 weeks.

Confirm College Accelerator Upgrade?

College Accelerator

Unlimited access to all video lessons

Lesson Transcripts

Tech support

Practice quizzes & tests

Tools for tracking progress

Personalized coaching

Access to instructors

Certificates of Completion

Create Custom Courses

Earn college credit

Take two exams per month

Finish official exams remotely

$199.99/month

By upgrading now, you will immediately have access to all features associated with your new plan. Because the change is
in the middle of your billing cycle, your next charge will include the prorated amount for the rest of this month. For
more info check our FAQ's.

Earning College Credit

Did you know… We have over 79 college courses that prepare you to earn
credit by exam that is accepted by over 2,000 colleges and universities. You can test out of the first two years of college and save
thousands off your degree. Anyone can earn credit-by-exam regardless of age or education level.